Cerus Correlations

CERS Stock  USD 1.58  0.11  6.51%   
The current 90-days correlation between Cerus and Avita Medical is -0.13 (i.e., Good diversification). The correlation of Cerus is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Cerus Correlation With Market

Very weak diversification

The correlation between Cerus and DJI is 0.54 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cerus and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cerus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Cerus Stock please use our How to Invest in Cerus guide.

Moving against Cerus Stock

  0.36NDRA ENDRA Life Sciences TrendingPairCorr

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Cerus Corporate Management

Carol MooreSr. VP of Regulatory Affairs, Quality and ClinicalProfile
Matthew NotarianniDirector RelationsProfile
Richard BenjaminChief Medical OfficerProfile
Vivek JayaramanChief Commercial OfficerProfile